Day Ideas:

$REXX Keep on watch. Can spike like it gas in the past.

$BAS Keep on watch. Decent PR. Maybe 50-100% upside?

$SCON Short biased. Would like to short any pops near $3.00

$MIRN If it can get substantial volume in the am, maybe a gap close at $2.50…Nice J pattern.

$ETRM Keep on watch. Not a huge fan of the chart however but should be in play

 

 

 

Swing Ideas:

$EBIO Short on any pops!

$NMM Short 1k shares @2.15 Risk: $0.05 Goal: $0.25+

$PTN If it can break $0.60 with volume, I may go long with the goal of $0.10 risking $0.02.

$DPRX Long @$1.45ish. Risk: $0.10 Goal: $2 breakout if we an get volume.

 

 

Current Positions:

I shorted $NMM 1k shares on Friday when it popped in the morning to $2.15. As I mentioned on my watch list Thursday night, I wanted to short this at $1.10ish. I was risking $0.05/share and my goal was to make $0.50+. I’m up roughly $0.30 currently and I’m looking to cover tomorrow depending if this can crack $1.72 or not. Sitting pretty right now.

 

 

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